ISLAMABAD - Palm oil imports decreased by 10.11 per cent during the first ten months of the current fiscal year against the corresponding period of last year.  The total palm oil imports into the country were recorded at $1.700 billion during July-April (2012-13) against the imports of $1.891 million in July-April (2011-12), according to the latest data of Pakistan Bureau of Statistics (PBS). On the other hand, on year-on-year basis, the palm oil imports into the country decreased by 9.51 percent in April 2013 when compared to the imports of April 2012.

Palm oil imports during April 2013 stood at $156.797 million against the imports of $173.280 million in April 2012, the PBS data revealed.

On month-on-month basis, the palm oil imports however witnessed positive growth of 18.90 percent in April 2013 when compared to the imports of $131.878 million in March 2013.

Meanwhile, the soyabean imports into the country during the first ten months of the current fiscal were recorded at $58.681 million against the imports of $42.051 million, showing increase of 39.55 percent.

llion against the imports of 0.097 million in April 2012 and $2.417 million in March 2013.

The total food imports into the country decreased by 12.83 percent during the first ten months of the current fiscal year against the corresponding period of last year.

The food imports into the country during July-April (2012-13) were recorded at $3.632 billion against the imports of $4.166 billion in July-April (2011-12).

It is pertinent to mention here that the total food and non-food the imports into the country decreased from $37.042 billion last year to $36.665 billion during the current fiscal year, showing negative growth of 1.02 percent, the data revealed.

On the other hand, exports from the country increased from $19.329 billion in July-April (2011-12) to US$ 20.147 billion during July-April (2012-13).

According to the data, the trade deficit during the fist ten months of current fiscal year stood at $16.518 billion against the deficit of $17.713 billion, a decrease of 6.75 percent.